Sunday, 14 February 2021
LETTER OF INTENT
001/BA/LOI/II/2021
We are ready, willing, and able to buy requests according to specifications and the quantity
and price are determined in the terms and conditions determined hereafter. This representation is
made with the full responsibility and responsibility of the company for the matters below:
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Commodity
: PALM KERNEL MEAL / EXPELLER
Quantity
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Contract Period
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Specifications
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o Crude Protein 15% minimum
o Crude Fat 10 % maximum
o Moisture 12% maximum
o Fiber 23% maximum
o Ash 5% maximum
o Total afaatoxins non more than 20ppb. AflatoxinsB1 not more than 10ppb from total
aflatoxin
o The material is free from mold and rancidity agglomeration and foreign matter and
insect
Orgin
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Target Price
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INCOTERMS
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Destination Port(s)
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Discharge Rate
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Payment
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Inspection
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Shipping
: 30/45 days after receipt and acceptance of the L/C.
Performance Bond : 2% by seller’s bank in favor of the buyer. (Internationally accepted)
Packing Required
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Documents
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Loading
: All costs at the port of loading for the account of the seller.
Discharge
: All costs at the port of discharge for the account of the buyer.
Whom to be shipped :
o Contact Name :
o Address
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o Phone
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o Fax
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o Email
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Special Conditions:
This letter of Intent is subject to final approval and agreement by both seller and Buyer and all the
terms and conditions herein as well as the subsequent Contract of Sale including any amendments
or variations thereof, all of which has to be reduced in writing and signed by both parties hereto.
Our Information:
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Name of the Company
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Contact Person
Company Registration Number
Address
Tel. Office
Tel. Mobile
Fax Office
Email
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Our Bank Information:
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Name
Branch Code
Full Address
Account Number
Account Name
Bank Officer
Tel. Number
Mobile Number
Fax Number
Email
Telex No
Swift No
Confirming Prime Bank
Country
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We authorize the holder of this document to perform a soft probe on the above mentioned bank
account.
Buyer’s Authorized Signature _____________________________
(Signatory’s Full Name)___________________________________
For and on Behalf of Company______________________________
Seal
Date ____________2021
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